State & Local Government Finance Division

The State and Local Government Finance Division handles the sale and delivery of all State and local debt and monitors the repayment of State and local government debt. Staff counsel and assist local governments in determining the feasibility of projects, the size of the financing and the most expedient form of financing. Additionally, this Division monitors and analyzes the fiscal and accounting practices of all local governments.

It is divided into three sections:

The Debt Management Section counsels and assists local governments in determining the feasibility of a project, the size of the financing, and the most expedient form of financing. Upon approval by the Local Government Commission, the Division handles the sale and delivery of the debt and monitors its repayment. Additionally, all State debt is issued and monitored by this Division.
The Fiscal Management Section monitors and analyzes the fiscal and accounting practices of local governments. Results are compiled and presented for use by local governments as a basis of comparison in determining the effectiveness of their financial management. This section also provides technical assistance to local governments and certified public accountants.

The Capital Facilities Finance Section conducts the business of the North Carolina Capital Facilities Finance Agency. The Agency provides the benefits of tax-exempt financing to non-profit institutions providing elementary and secondary education, private institutions of higher education and various other entities for special purpose projects serving a public interest.

State and Local Finance Division - Main Number	(919) 807-2350
Vance Holloman	Voice: (919) 807-2351
Deputy Treasurer, State and Local Finance Division	Fax: (919) 807-2352
Tim Romocki	Voice: (919) 807-2360
Director, Debt Management Section	Fax: (919) 807-2377
Sharon Edmundson	Voice: (919) 807-2380
Director, Fiscal Management Section	Fax: (919) 807-2398
Dora Fazzini	Voice: (919) 807-2378
Director, NC Capital Facilities Finance Section	Fax: (919) 807-2377